Spain’s online gaming industry experienced significant expansion in 2024, according to the General Directorate for the Regulation of Gaming (DGOJ). The regulator’s Annual Report on Online Gaming revealed a Gross Gaming Revenue (GGR) of EUR 1,454.59 million (USD 1,571.6 million), reflecting a 17.61% increase compared to 2023.
The number of active players also surged, reaching 1,992,889 users, which marked a 21.71% rise from the previous year.
Breaking down the revenue by segment, the Online Casino sector generated EUR 730.3 million (USD 789.3 million), making up 50.23% of total revenue. This growth stemmed largely from slots, which have dominated Spain’s casino market since their introduction in 2015. Additionally, live roulette increased by 10.41% and blackjack rose by 3.8%, though conventional roulette declined by 8.46%.
The Betting segment followed with EUR 608.85 million (USD 658 million), accounting for 41.86% of total GGR. Growth in this sector reached 23.8%, driven primarily by conventional sports betting (+23.69%) and live betting (+24.05%). Other counterpart betting rose 33.45%, but horse betting saw a 16.99% decline.
Meanwhile, Online Poker revenues fell 4.99% due to a 3.48% drop in tournament poker, which makes up 73.58% of the market. Cash poker also decreased by 8.97%. The shared poker liquidity agreement with France and Portugal, established in 2018, remains a key feature of Spain’s poker market, supporting six active platforms.
Bingo, however, posted a 3.96% growth rate, while contests experienced a steep decline of 98.53%.
In 2024, marketing expenditures in Spain’s online gaming industry totaled EUR 526.3 million (USD 568.7 million). The breakdown included:
The monthly average of active gaming accounts reached 1,433,715, reflecting a 23.48% annual increase. Additionally, the average number of new gaming accounts hit 151,898 per month, up 34.73% from 2023.
Both deposits and withdrawals followed an upward trajectory, growing 19.62% and 19.73%, respectively. This data highlights Spain’s expanding iGaming sector, driven by increased player engagement and strategic market investments.